Friday, January 3, 2014


The case presents a very distressing dilemma for Charles Rangel . The different facts outlined in the case decisively point towards the wellhead-educated ignorance by Rangel . However before a conclusion toilette be made decisively , it is important to analyze and envision the charges press against Rangel and evaluate them criticallyRangel is chrged with several types of breaches : missing personal income taskes , distress to declare proper(ip)ties and their details in more than one calculate , visitation to report rentals received from property not divulge and mutation in any(prenominal) discontinued entries that suggest each creativity br or lack of information with the preparing control . These charges be press onto Rangel , who claims that he has not committed any intentional fuckup or attempted to hide anything from the eyeball of the police soak up he accepts himself some of his tax liabilities and is willing to study an listener to review his financial position as well as disclose his personal tax returns for the past 20 old age - a bold step towards proving himself innocentWhatever the case may be , the accounting principles and regulations dictate that some of the mistakes he did cannot be unknowledgeable . For example , the change of property value from page-to-page and year-to-year may be technical errors however , accountants , by profession atomic event 18 required to verify the descriptions before release . and then the released statements are then considerd to be honourable and on-key by the law . Any mistake therefore in the statement is state to be intentional .
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Furthermore , property manifestation and the failure to report rentals over the years suggests the sheer ignorance and acedia of Rangel in reconciling proper financial disclosure . The unfitness to disclose cannot be attributed to an `error of ommisson always (Barrett ) There has to be some sort of intentional ommission or else the volume of errors would be advantageously lowerIn conclusion , I would like to state that Rangel s fashion was super unprofessional and careless , considering the fact that he was a tax accountant . His carelessness and the inability to disclose true and proper financial dealings renders him incapable of heading the mob ways and Means Committee and providing true service to itWorks CitedBarrett , D (n .d . more(prenominal) Errors for Rangel To Hire New Accountant Retrieved September 16 , 2008 , from SmartPros .com hypertext stir protocol /accounting .smartpros .com /x63240 .xml...If you want to get a complete essay, value it on our website:

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